NEIGHBORHOOD STABILIZATION CORPORATION (EIN 043249517) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1997

Legal Domicile

Principal Officer

BRUCE MARKS

Phone

6172506222

Tax Period

2023-01-01 to 2023-12-31

NEIGHBORHOOD STABILIZATION CORPORATION, founded in 1997, is a community nonprofit in the Community Improvement sector that reported $6.0M in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $8.9M exceeded revenue, resulting in a 49% operating deficit.

Mission

TO PROVIDE POST- OPWNERSHIP AND PRE-PURCHASE ASSISTANCE AND EXTENSIVE COUNSELING FOR HOMEOWNER AND HOMEBUYERS AND NEIGHBORHOOD STABILIZATION ACTIVITIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,142,610

Program Service Revenue $149,624

Investment Income $549,238

Other Revenue $144,913

TOTAL REVENUE $5,986,385

Expense Breakdown

Grants Paid $1,000,000

Salaries & Benefits $4,526,374

Fundraising Expenses $0

Program Expenses $8,724,067

Other Expenses $3,394,993

TOTAL EXPENSES $8,921,367

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,986,385	$7,708,192	-0.2%
Expenses	$8,921,367	$13,698,495	-0.3%
Net Income	$-2,934,982	$-5,990,303	-0.5%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$384,864

Total Directors

$266,781

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRUCE MARKS	PRESIDENT	5.00	Officer Director	$0	$26,972	$266,781
GLYNN LLOYD	TREASURER	0.25	Officer Director	$0	$0	$0
MARISSA LANDRAU-PIRAZZI	CLERK	5.00	Officer	$0	$0	$118,083
CARMEN ANAO	DIRECTOR	0.50	Director	$0	$0	$0
DOUGLAS FIERBERG	DIRECTOR	0.25	Director	$0	$0	$0
LEA WATTERSON	TRAINING DIRECTOR	7.00	Highest	$0	$22,227	$203,187
ERICK EXUM	UNDERWRITING OFFICER	7.00	Highest	$0	$19,217	$195,930
DIEGO LUQUE	OPERATIONS	40.00	Highest	$0	$20,857	$188,661
NHUT NGUYEN	INFORMATION TECHNOLOGY IT	7.00	Highest	$0	$23,785	$190,383

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$5,986,385	$8,921,367	$27,721,310	$-2,934,982
2023	$5,986,385	$7,921,367	$27,721,310	$-1,934,982
2022	$7,708,192	$13,698,495	$31,292,408	$-5,990,303
2021	$6,854,139	$12,165,401	$29,880,510	$-5,311,262
2020	$5,128,922	$12,860,966	$28,028,520	$-7,732,044
2019	$2,316,464	$14,480,999	$22,880,382	$-12,164,535
2018	$835,827	$13,938,636	$21,676,543	$-13,102,809

NEIGHBORHOOD STABILIZATION CORPORATION